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    331 Melrose Dr Richardson, TX 75080

    For Lease
    $15 SF/Yr

    Prime Office Suites, Dallas County, TX

    Lot size:
    23,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This single-story, 23,233-square-foot office building in Richardson, Texas, offers flexible space ideal for various businesses. Located at 331 Melrose Dr, 75080, this Class C property boasts convenient access to US-75 (Central Expy), via the southbound service road. Built in 1985 and renovated in 2014, the building features updated common areas and a tenant conference room, enhancing its appeal. The property comprises four suites, with a minimum divisible space of 800 square feet and a maximum contiguous space of 1,419 square feet. Currently, 4,529 square feet are available for lease. The building's location in Dallas County, Texas, provides excellent visibility and accessibility. This versatile space is suitable for executive offices, medical offices, or traditional office setups, catering to multiple tenants. The property's single-story design offers ease of access and navigation. This is a fantastic opportunity to secure office space in a well-maintained building with convenient amenities and a prime location. The building's updated common areas and added tenant conference room provide a professional and functional workspace. Don't miss this chance to establish your business in this thriving Richardson location.

    Property Features for 331 Melrose Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,233 SF
    Class
    C
    Total Rate
    29041.25

    Building Details

    Year Built/Renovated
    1985/2014
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 225
    Size
    1,270 SF
    Rate per SF
    $15
    Space
    Suite 110
    Size
    1,408 SF
    Rate per SF
    $15

    HighLights

    • 23,233 SF single‑story office building in Richardson, TX (75080).
    • Convenient access to US‑75.
    • Class C property, built in 1985, renovated in 2014.
    • Four suites available, minimum 800 SF, maximum contiguous 1,419 SF; 4,529 SF currently available.
    • Updated common areas and tenant conference room.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Melrose Clinic Medical Clinic MARK BRICKEY Internist ANUPAM YATISH VERMA Internist Daniel J. Kirkland, ... Counselor Visiting Angels Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richardson
    County
    Dallas
    State
    Texas
    Longitude
    -96.7245639
    Latitude
    32.9670666

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    FAQs

    What type of property is this?
    Medical office - Prime Office Suites, Dallas County, TX
    Where is this medical office located?
    The property is located at 331 Melrose Dr Richardson, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 23,233 SF single-story office building in Richardson, TX (75080).; Convenient access to US-75.; Class C property, built in 1985, renovated in 2014.
    Request Owner's contact information
    331 Melrose Dr Richardson, TX 75080
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    Richardson, TX 75080
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 Melrose Dr Richardson, TX 75080
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